Hi I am having a hard time choosing between these etfs, I heard that 10x Total world charges 30percent tax on returns while their TER is lower, covers all caps and performs well. On the other hand, Satrix MSCI ACWI is fairly new and has tax benefits as it's domiciled in Ireland but I don't know about its performance. Any suggestions on what to choose and what other two etfs to add after one of these?

I’ve been using EasyEquities for a couple years now and generally I’m very happy with the platform. However, one very annoying thing that always seems to get in my way is the maximum amount per transaction. See image, I want to invest R100k into this certain small-cap company which means I have to execute over 120 transactions! It will be more or less be the same when I want to sell.

Can anyone recommend another local trading platform that allows larger transactions?

Fiirst year student, currently on parents' medical aid at Discovery, but since I recently had my 21st birthday, I now need a cheaper medical aid. Needs good mental health care (has been hospitalized twice). On medicine of R1800 per month (doesn't qualify as chronic). Physically healthy. Any advice?

I know i ljnda asked a bit ago but I want to confirm easy equities has options to invest in defense industry like Lockheed martin

My partner recommended j use a binance acount to invest in crypto can anyone here tell me a bit more about they are having trouble explaining it to someone who k owa as little as I do

Binance works here?

Title says it. I’m somewhat tax illiterate and am looking for source where I can self learn. Searching online leads down rabbit holes that I’ve found pretty confusing.

Hi. I’m looking for recommendations of someone to talk to about a plan of investing inheritance money. I’ve reached out to about 5 or 6 already, but not getting replies from anyone.

Have any of you worked with someone you’d recommend?

I would like to invest in Crypto on Easy Equity. There is the option of doing so in your ZAR account and in Easy Crypto on the platform.

Can anyone tell me the difference between the two?

Thanking you all in advance.

Hey everyone,

I’m a 28-year-old male, and I’m currently paying R3750 per month for my medical aid with Discovery. I’m wondering if this is reasonable or if I’m overpaying.

For context:

I’m in good health, no chronic conditions.

I mainly want solid hospital cover and decent day-to-day benefits.

I’m open to considering alternative plans or providers if there are better options.

Would love to hear from others around my age—what are you paying, and do you feel it’s worth it? Any recommendations on whether I should downgrade or switch?

Thanks

Hi everyone,

Currently no medical aid, contemplating going with Fedhealth flexiFed Savvy hospital plan with the flexible savings plus the Sanlam Gap Fedhealth NexGen (starts at R109) for me and my young one. Seems to be the most affordable medical aid on the market at just R1830 with no savings and R2356 with R6310 annual flexible savings. I also made sure to check that the network hospitals are close to where I stay. I understand that it is just a hospital plan. We are young and relatively healthy but want cover in case of emergencies to pay hospital and the specialists. I could use the savings for 1 or 2 visits to the GP. Everyday stuff will be out of pocket using my emergency fund. I also like that I can upgrade the medical aid anytime there is a life changing event.

Any one has experience with fedhealth and specifically this option and the Sanlam Gap Cover? Would you recommend it? Are there better alternatives at a similar premium?

Currently making about R18k nett.

Brochure

Thanks in advance

I received money from multiple friends and family members to help pay my outstanding hospital bills totaling just under R100 000. The total donations that came in were more than R100 000. I asked each and every person and no one wants their money back.

My question is: Are the donations taxable only if it is a single person donating the money and not multiple people donating. Or is that irrelevant and R100 000 is the max you can receive per year, regardless if it came from one person or multiple people.

Good day all.

I bought a house in September 2024 for R1150000 and now things are going south with my current wife. We have decided to rent the place out for now as we both move on with life. The rent will cover what it needs to cover.

My question is this, how long must I wait before I can sell and break even? The house is in both our names, 50/50 but I do not want to continue down this road with her. Neither of us wants to budge on giving the share to the other person. If I theoretically get someone to buy for R1200000 will we break even? How do I even calculate this some?

Hi! As the title suggests. Which bank account will be best suited? I still have some deductions going off from my current accout with Absa (whom I've come to deplore)

I'm a new homeowner and have read some of the posts on here regarding tax free vs home loan. I see the agreement is almost always don't touch your tax free savings. I'll take that advice but have one additional question that I did not see answered. Should I keep paying into the tax free or rather make the contributions (only the contributions) towards my home loan to pay it off quicker?

I'm currently making the max contributions towards the tax free and have a 30 year bond on the house. I have some bulk money also (about 500k) which I'm currently using to just fix up a few things around the house and then plan on dumping what's left into the home loan with the intention of paying it off quicker and NOT to bring down the monthly payments.

Or is there any better way to manage this?

Edit: thank you guys for all the advice! I paid 60% then I will pay extra arrears on my instalments.

I missed 3 car payments with Standard Bank and now they are asking for a lump sum but through emails. Is this legit? How can I pay it back asap? I am scared they will take my car away… R11k in debt, any help/ advise would be appreciated!

Is it a thing to renegotiate interest rate? Or move a car loan elsewhere?
I was stupid and took financing through the dealership so want to know if there is an option to change

So if all goes according to plan, I will be selling my house in the next months (which I feel was a lifestyle mistake) and hopefully going back to renting a much smaller place with lower maintenance, but I am curious as to what people's thoughts are regarding the house you live in specifically as a tax-advantaged investment (because in my opinion property is an inferior investment to equities). Any growth will not be taxable (unless lucky enough to gain enough to surpass the primary residence exclusion).

I already max TFSA and RA and have been mulling over whether to buy a 2-bed apartment/townhouse with the cash I receive from this sale because if I opt to rent instead, I'd be putting it into taxable vehicles (eg. EasyEquities ZAR account or potentially opening an IBKR account).

My intuition says renting + investing in taxable index funds is still going to yield a better ROI but I'm curious to hear others' views.

Hi everyone,

I'm an accounting student in South Africa, focusing on building a diversified ETF portfolio within my Tax-Free Savings Account through EasyEquities. My goal is to achieve long-term growth while mitigating risks associated with rand depreciation. I am looking to have the TFSA as my retirement or to supplement my retirement. After some research, I've come up with the following allocation:

• Satrix MSCI World ETF (STXWDM): 35%
• Rationale: Provides exposure to large and mid-cap companies across 23 developed markets, offering global diversification and a hedge against rand depreciation.
• Satrix S&P 500 ETF (STX500): 25%
• Rationale: Focuses on 500 leading U.S. companies, particularly in high-growth sectors like technology and healthcare.
• CoreShares S&P Global Property ETF (GLPROP): 10%
• Rationale: Adds diversification through global real estate investments, aiming for income stability and potential growth.
• Sygnia Itrix MSCI Emerging Markets 50 ETF (SYGEMF): 15%
• Rationale: Provides access to high-growth potential in emerging markets such as China, India, and Brazil, though acknowledging the higher associated risks.
• Satrix Capped All Share ETF (STXCAP): 15%
• Rationale: Ensures exposure to the South African market, capturing local equity performance with a cap to prevent overweighting in any single stock.

Considerations:

• Risk Tolerance: I'm comfortable with a moderate to high-risk profile, given my long-term investment horizon.
• Diversification: Aiming to balance exposure between local and international markets to mitigate country-specific risks.
• Currency Risk: Conscious of the rand's volatility, hence the significant allocation to global ETFs as a potential hedge.

I would appreciate any feedback on this allocation. Are there areas I should reconsider or additional factors to take into account? Thank you in advance for your insights!

Hi everyone.

Does anyone know or can find if Satrix has a similar product to the Nedgroup Investments Flexible Income Fund ?
50% Bonds, 20% Cash and Moneymarket, 10% Inflation Linked Bonds, 5% Foreign Cash etc. etc.

Alternatively Easy Equities.

Hoping someone here can help.
Thanks in advance!

How do you check your credit score if you're using a passport? Every site I check requires a 13 digit ID number.

Hi there, has anyone really used Investecs Clarity app and what's your opinion on it? I don't know how to feel.

Has anyone ever done Kastelo Bonus Plus in ZA before and what are your experiences?

I need help on building my credit score as fast as possible because I need to buy a vehicle. I am a 20 year old.

I work in America on a 9 month basis and earn roughly between R35k to R50k a month and I try to pay atleast minimum of R35k a month into my fnb account every month for a steady stream of income . I put most of all my earnings in a money maximizer account and earn about 7.9% interest

My only expense from my fnb account is my medical aid thats about R4250 so I am left with about R30k to save each month.

I have a trueworths account that I recently opened to build credit . ( in December of 2024 )

My question how and is possible to build credit fast enough to buy a vehicle in May .( my credit score is still -1 )

I am willing to pay a deposit of 100k on a 400k vehicle.

Any advice?

Hi everyone, this is my first time posting on this sub but I've read a lot of help and encouragement from others posts so I'm hoping someone can help me.

I'm a 27 year old writer/journalist who works at a publication and I've just received a salary bump of earning R18k per month net pay from my previous R15k salary. This is my second salary paying job and this is my third year working there.

I still live at home with my 2 parents, 1 adult sibling and 1 teenage sibling and helper and I feel like I'm struggling to save towards my own financial goals. I contribute monthly approx. R2500 to groceries for the household, R1500 to petrol for the family car I use and currently also paying for its services, which for this month has cost me R6600. The service has also brought to my attention an issue with the suspension of the car and brake pads needing to be replaced, with the mechanic quoting me an additional R23k in total for the repairs.

Other monthly expenses included medical insurance for R700, being a part of a trade union which costs R190. I try to save 10% of my salary each month but I haven't been able to save this month because of the car service. I currently only have R8600 in savings.

(Edited to add:) other monthly expenses included approx. R400 for data (my job requires me to go live and post on social media for events and wifi isn't always available), R170 for Disney+ and around R2500 for eating out/friends birthdays etc.

I struggle to ask my parents for help with expenses as they constantly complain about money. For context, my father is the chief of surgery at a public hospital nearing retirement and my mother doesn't work. My adult sibling earns only about R11k monthly after being demoted at work due to not completing her qualification. She does not contribute to her car expenses besides for petrol and contributes significantly less for groceries. My parents (read: father who bought her her car) have paid for her car expenses after an ex-boyfriend of hers nearly ruined it. My parents also pay significant black tax to their siblings and nieces and nephews like school fees, funerals etc and they have been under serious strain.

My goal this year was to build my credit to work towards buying my own car but with all of these expenses I'm paying for the 6-person household, I'm struggling to save. Does anyone have any advice on how I can save to buy a car, or how I can try alleviate the financial pressure on my shoulders? Any advice would be so greatly appreciated. Thank you for taking the time to read this.

Hi All

I am considering my options regarding my owned flat in Waterkloof, Pretoria. The flat is 42 square meters and I owe on a mortgage. It used to be my primary residence before deciding to move. I now have a tenant in the flat. Here are details for my flat alongside its estimated value:

Cost price R630,000.00
Legal fees R19,136.40
Renovations R51,031.00
Market value adjustment R29,832.60
Total R730,000.00

My current mortgage balance is sitting at about R558,000. After 5% sales commissions and VAT of R41,975, the equity in my property is about R130,000. My mortgage's final payment is December 2040. Interest currently is 11.20%, R69 monthly bank charges, R6,500 monthly instalment

Here are details for my rental income and expenses:

Rent 7,000.00
Commission (700.00)
Rates (259.25)
Levies (1,510.82)
Repairs (350.00) 5% allowance on rent
Rent Net 4,179.93

The rental contract expires 31 December 2025.

Per my calculations, I need to pay off about R90,000 extra into the mortgage to reduce the monthly instalment to equal my net rental cash movements, a theoretical cash flow break-even.

I prepared some calculations for the ROI on renting the flat as is considering the cash movements versus selling the flat, putting the equity into a savings account and investing the cash I would have lost each month into either another savings account or to supplement my retirement savings:

https://docs.google.com/spreadsheets/d/1-sz7DPMUZo_nhRVmwUHFuOhi5Vd4pYftFtmnNt0L_KQ/edit?usp=sharing

I estimated rental escalations and expense escalations to a point. Extrapolating escalations to the end of the mortgage does not seem reasonable.

From my calculations, it appears like a no-brainer to sell the flat and save the proceeds and utilise the cash in better ways than dumping it all into a mortgage with insufficient ROI compared to the market or plain savings accounts.

Please feel free to review and point any glaring errors or different perspectives, and which option would be best. Assume no sentimental connections and keep opinions purely financial.

Thank you!

Just looking to insure approx R1m of office equipment (high end rendering PC's, Solar System etc) for my small business but I need to deal with somebody that can organize this via email. I have all necessary docs lined up but my entire experience is getting bombarded by agent calls who will not take information via email and want to pass you through the phone call chain. I want to do this via email like every other business transaction, can anyone recommend an insurer or a broker that I can communicate effectively with?

Good day everyone

I'm selling a non-primary residence/investment property (currently at deeds office). I assume this will attract CGT, however little (was a poor investment so I'm thinking maybe even loss).

I want to invest the money into something simpler where I don't have to worry about tenants and body corp drama, repairs etc. Either into a deposit for my own home or a savings/ETF portfolio.

Is the CGT still triggered if I don't have the funds of the sale transfer to my account, but rather into my PF, my own home that im currently purchasing, or some other savings account? As I'm not using the money at that point. I believe you can do something similar in the US with regard to property called a 1031 exchange, but i don't think we have anything similar.

Thank you

Hi

Has anyone been successful in renegotiating their bond interest rate with investec ? I have had this bond for almost 3 years now and I have paid off 1 quarter of the capital amount.

I have seen people be successful with the other big 4 but I don't see anything around investec. I am currently on prime minus 0.75.

Started writing a webnovel under alias a while ago, bore some fruit. Patreons bumped from 1 to 4 in a week's time. Only thing that's bothering me is the absurd amount of fees. First patreon takes a 8% cut, then it's one of the aforementioned platforms, then I'm guessing it's the bank. Then it's taxes.

Just curious if anyone has experience with these paypal and payoneer payouts.